Impact of MSMEs on Regional Development in Durg District, Chhattisgarh

Abstract

This study examines the significant impact of Micro, Small, and Medium Enterprises (MSMEs) on regional development in Durg district, Chhattisgarh. The research investigates how MSMEs contribute to employment generation, economic growth, infrastructure development, and poverty alleviation in the region. Using a mixed-method approach, data was collected from 240 MSME units across manufacturing and service sectors through structured questionnaires, government databases, and secondary sources. The hypothesis that MSMEs significantly contribute to regional development through employment generation, GDP enhancement, and infrastructure improvement was tested using descriptive and inferential statistics. Results indicate that MSMEs in Durg district have generated over 1.15 lakh employment opportunities, contributing approximately 27% to the district's GDP. The sector has facilitated rural industrialization, reduced regional imbalances, and enhanced per capita income by 13% over the last five years. Discussion reveals that government support schemes, technology adoption, and financial inclusion have been key drivers of MSME growth. The study concludes that MSMEs serve as engines of inclusive growth, providing sustainable livelihood opportunities and fostering entrepreneurial culture in Durg district. However, challenges including access to credit, technology gaps, and market linkages need immediate attention for sustained regional development.